Friday, May 1, 2026
Today's Print

Tag: infrastructure spending

Two-month infrastructure spending dropped 40%

Government infrastructure spending and other capital outlays tumbled 40.1 percent in the first two months of 2026 as a slowdown in billing processes and...

S&P lowers Philippines credit outlook to stable as Middle East war risks grow

S&P Global Ratings affirms the Philippines' BBB+ rating but shifts the outlook to stable from positive due to Middle East war risks and energy price shocks.

Business confidence rose in February on strong demand, public spending

Business sentiment in the Philippines improved to 8.2 percent in February 2026 from 0.9 percent as firms grew more optimistic about demand, domestic economic...

Unicapital forecasts faster Philippine growth in 2026

Unicapital Securities Inc. expects the Philippine economy to expand at a faster pace in 2026 following a sluggish 4.4-percent performance last year, citing a...

Business groups see 2026 recovery after growth slows to 3 percent

The Philippine Chamber of Commerce and Industry (PCCI) expects the economy to regain momentum in the first quarter of 2026 after growth slowed to...

Gatchalian: Arresting culprits better than cutting infra spending

Senate Finance Committee Chairman Sherwin Gatchalian on Tuesday said corruption should not be used as a reason to scale back government infrastructure spending, warning...

ADB cuts Philippines growth forecast amid spending delays, but hikes Asia-Pacific outlook

The Asian Development Bank (ADB) on Wednesday lowered its gross domestic product (GDP) growth forecasts for the Philippines for 2025 and 2026, citing weaker...

S&P Global affirms Philippines’ ‘BBB+’ credit rating despite infra slowdown

S&P Global Ratings on Thursday affirmed its 'BBB+' long-term and 'A-2' short-term sovereign credit ratings for the Philippines, maintaining a positive outlook. The debt watcher...

Peso dip ‘momentary,’ may rebound by year-end, says solon

The recent depreciation of the Philippine peso is a "momentary" fluctuation led by seasonal demand and supply factors, according to a lawmaker and veteran...

PBBM orders 50% cut in infra material cost

President Ferdinand Marcos Jr. yesterday ordered the Department of Public Works and Highways to cut the cost of construction materials for infrastructure projects by...

Government infrastructure spending fell 25% in July 2025

Government infrastructure and other capital outlays declined 25.3 percent to P93.3 billion in July 2025 from a year earlier, on a muted disbursement performance...

DPWH slashes P252-b budget for local flood control projects

The Department of Public Works and Highways (DPWH) Secretary Vince Dizon has submitted a revised budget proposal to Congress seeking the removal of P252...

Senate issues subpoenas to top contractors

Senate President Francis Escudero on Monday signed subpoenas for several contractors who failed to attend the initial hearing of the Senate Blue Ribbon Committee...

PBBM: Anti-corruption probe to cover other infra projects

Not even allies would be spared in the crackdown on corrupt officials involved in substandard or “ghost” flood-control projects, President Ferdinand Marcos Jr. said...
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